CGBL vs BBUS overlap
CGBL and BBUS overlap 26.9% by weight, across 59 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | CGBL | BBUS | Overlap |
|---|---|---|---|
| Broadcom Inc.AVGO | 4.58% | 2.81% | 2.81% |
| Alphabet Inc.-CGOOG | 2.79% | 2.61% | 2.61% |
| Apple Inc.AAPL | 2.01% | 7.03% | 2.01% |
| Microsoft Corp.MSFT | 1.96% | 5.36% | 1.96% |
| Micron TechMU | 2.23% | 1.44% | 1.44% |
| Nvidia Corp.NVDA | 1.20% | 7.30% | 1.20% |
| META Platforms-aMETA | 1.10% | 1.89% | 1.10% |
| VISA Inc.-Class aV | 0.92% | 0.94% | 0.92% |
| Amazon.COM Inc.AMZN | 0.81% | 4.14% | 0.81% |
| ELI Lilly & CoLLY | 0.73% | 1.43% | 0.73% |
| Bank of AmericaBAC | 0.96% | 0.63% | 0.63% |
| Intel Corp.INTC | 0.91% | 0.61% | 0.61% |
| Unitedhealth GRPUNH | 0.64% | 0.58% | 0.58% |
| Caterpillar Inc.CAT | 0.58% | 0.58% | 0.58% |
| General ElectricGE | 0.52% | 0.58% | 0.52% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: CGBL, SEC Form N-PORT, June 30, 2026; BBUS, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | CGBL | BBUS |
|---|---|---|
| LPL Financial LLC | $710.5M | $525.1M |
| JPMorgan Chase & Co | $5.4M | $880.8M |
| Morgan Stanley | $233.6M | $492.5M |
| Envestnet Asset Management Inc. | $366.5M | $306.8M |
| Janney Montgomery Scott LLC | $60.5M | $484.2M |
| Wells Fargo & Company | $384.9M | $723K |
| Cambridge Investment Research Advisors, Inc. | $196.9M | $155.1M |
| Raymond James Financial Inc. | $215.4M | $79.8M |
| Cetera Investment Advisers | $182.9M | $77.5M |
| Vestmark Advisory Solutions, Inc. | $4.6M | $242.0M |
| Osaic Holdings, Inc. | $136.1M | $62.2M |
| Commonwealth Equity Services, LLC | $132.2M | $24.0M |
| Royal Bank of Canada | $95.6M | $12.0M |
| Integrated Wealth Concepts LLC | $18.0M | $83.7M |
| Assetmark, Inc. | $16.2M | $84.6M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: CGBL institutional holders, BBUS institutional holders.
Frequently asked questions
How much do CGBL and BBUS overlap?
26.9% by weight, with 59 holdings in common, using holdings for CGBL as of June 30, 2026 and BBUS as of July 31, 2026. The largest shared position is AVGO.
Do institutions hold both CGBL and BBUS?
99 Form 13F filers report positions in both, out of 490 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.